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Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $2,355 | $31,679-92.6% | $74,722-96.8% | $65,185-96.4% |
| Participation rate | 16.3% | 40.4%-24.1pp | 54.5%-38.2pp | 70.2%-53.9pp |
| Annual return | 0.00% | 39.04%-39.0pp | 753.11%-753.1pp | 29.38%-29.4pp |
| Employer contribution / active EE | $148 | $566-73.9% | $1,084-86.4% | $2,177-93.2% |
| Participant deferral / active EE | $323 | $1,191-72.9% | $1,963-83.6% | $3,514-90.8% |
| Admin fee / account holder | $47 | $379-87.5% | $3,335-98.6% | $847-94.4% |